BRICS-2016 - DAY2 -Online

BuILDINg RESPONSIVE, Building ReSPOnSiVe, INCLuSIVE & COLLECtIVE SOLutIONS inCluSiVe & COlleCtiVe SOlutiOnS Scan QR-Code & Scan QR-Code & View ePaper View ePaper news news BRICs TRADE FAIR BRICs TRADE FAIR @show @show 12–14 October, 2016, Pragati Maidan, new delhi 12–14 October, 2016, Pragati Maidan, New Delhi DAY 2 DAY 1 For Private Circulation Only For Private Circulation Only Geared towards All that Glitters Show Your BRiCS investment infrastructure 4 imprint 6 Imprint 6 Market Mantra 4 The Yellow BRICS – Event the exhibition is most Business! Opportunities 1,2 delegate's Corner 5 Company Profile 7 success BRICS Road Preview 1,2 & 5 Set a measurement definitely a catalyst for Set a measurement Agenda 5 Delegate's Corner 7 President, FICCI, Leader-Speak 3 iBV international Vaults 3 framework 4 exhibitor's Voice 3 industry insight 6 Start-ups 8 framework 6 Floor Plan 8 Exhibitor's Voice 6 Harshavardhan Neotia 3 tête-à-tête @show We are aware and We are looking for Indian Renewable appreciative of India’s joint ventures between Energy Sector can help breakthrough in the local companies, as well bolster South Africa’s automobile sector. as international We hope Indian companies, which have efforts to increase their automobile companies developed technologies capacity for energy will also help us enhance and which are looking supply in the country.” our own manufacturing to enter the Brazilian capabilities.” market.” Group Chairman & President - Sebvest Group CE, Chairman, Investment Manager - South Africa, Nirmala Sitharaman, Borala Group South Africa, Apex Brazil, George Sebulela Minister of State (Independent Charge) Commerce & Industry, Govt of India SG Mosena Maria Luisa eepening and strengthening trade Dand economic From LtoR: Vice Chairman, SUN Group, Shiv Khemka; Chairman, Sun International Ltd, Vikramjit Singh Sahney; Chairman & CEO, Apollo Tyres, Onkar Singh Kanwar; Prime Minister, India, Narendra Modi; Union Finance Minister, Arun Jaitley; Chairman, Max Financial Services & Senior Advisor Advent, cooperation is the key objective Private Equity, Naina Lal Kidwai; Executive Director, United Phosphoros Ltd, Jai Shroff during the BRICS Summit in Ufa Russia for members of the BRICS grouping. The strategy for BRICS BRICS Trade Экспо-шоу BRICS Trade Economic Partnership adopted last year at Ufa, Russia, sets Fair 2016 – BRICS 2016 - Fair 2016 – the tone and direction for the Industry experts during session on investment Industry experts during session on investment Industry experts during session on investment steps that we need to take for opportunities in Russia. opportunities in Brazil. Towards Углубление opportunities in South Africa. deepening Intra-BRICS trade, Deeper Ties связей 深化雙邊關係 economic and investment ties. BRICS Presents BRICS – пути 金磚國家展示協同增效 The first BRICS Trade Fair being organized at New Delhi Paths to Synergies к синергии 的道路 Organised by Ministry Выставку, бизнес-форум from October 12 to 14, 2016 marks a significant milestone in working towards the fulfillment of Commerce & Industry, и деловой совет Ministry of External Affairs представители стран BRICS в of these objectives. The Fair 2016 году проводят в Pragati and the Federation of On the first day of the international В первый день международного immensely will contribute Maidan, Нью-Дели, с 12 по 14 event, representatives from Brazil, события представители Бразилии, Indian Chamber of to the promotion of intra- октября. Событие BRICS economic cooperation. South Africa and Russia spoke on Южной Африки и России говорят об Commerce and Industry an excellent provides It направлено активизировать investment opportunities in their инвестиционных возможностях в своих (FICCI), the BRICS Trade opportunity for companies both странах. respective countries. Fair, Business Forum & Стратегию BRICS с целью from the public and the private sector to showcase their goods, Business Council held достижения экономического services and technologies. партнерского “BRICS nations can come together to develop взаимодействия. I am confident that members at Pragati Maidan, BRICS следует вместе разработать 'Странам New Delhi from October affordable medical technologies,” said Leading доступные медицинские технологии”, поделилась of the business fraternity from Организаторы: Research Scientist and Specialist in Foreign Affairs, ведущий научный сотрудник, специалист в области the BRICS countries and all 12–14, 2016 aspires to Министерство торговли и Cardiology Research Institute, Tomsk NRMC, иностранных дел, НИИ кардиологии Томского ТНЦ СО the participants will find this промышленности Индии, energize the BRICS platform relevant and useful, Dr Yana Anfinogenova from Russia. As Pragati РАМН, д-р Яна Анфиногенова. Как только Pragati Maidan Министерство иностранных Strategy for economic Maidan opened its doors to business delegates, открыл свои двери для деловых посетителей, мы and wish all participants success дел Индии, Федерация we met some of the speakers from the day встретились с некоторыми выступавшими в первый in fostering mutually beneficial one sessions. partnership. торгово-промышленных день заседаний. partnerships. More on page 2 палат Индии (FICCI). More on page 2

news 13, October 2016, Day 2 2 @show Event Report / Agenda www.bricsbusinesscouncil.in Continued from page 1 Преимущества и возможности Менеджер по инвестициям из aPEX, Мария Луиза, Strengths and Capabilities рассказала об инвестиционных возможностях в Investment Manager, Apex Brazil, Maria Luisa Бразилии в секторах нефти и газа, автомобилестроения, spoke about investment opportunities in Brazil in возобновляемых источников энергии, инфраструктуры the sectors of oil & gas, automotive, renewable и многих других направлений. 'Биомедицинский energy, infrastructure and more. Консорциум BRICS был инициирован с целью “BRICS Bio-Medical Consortium was initiated продвижения биомедицинских технологий и to promote bio-medical technologies and фармацевтической продукции во всех пяти странах pharmaceutical products across all five BRICS BRICS', объясняет д-р Анфиногенова. “Лично я увлечена countries” explained Dr Anfinogenova. “I am аюрведической медициной,' добавила Яна, также personally fascinated with Ayurvedic medicine,” сказав, что Россия - огромный рынок для нее. she added, revealing they have a huge market in Russia. Надежды и стремления Говоря о деловых устремлениях Южной Африки, Hopes and Aspirations главный исполнительный директор и председатель Speaking of South Africa’s business aspirations, Borala group, С.Г. Мосина, выразил надежду, что the CE, Chairman, Borala Group South Africa, индийские инвестиции и профессиональный опыт SG Mosena expressed hopes for channeling смогут быть направлены в следующие секторы Indian investment and expertise towards South экономики Южной Африки: инфраструктуру, Africa in the areas of infrastructure, ICT, power, информационно-коммуникационные технологии, agriculture & agro-processing, mining, as well as энергетику, сельское хозяйство и переработку leisure & tourism. сельскохозяйственной продукции, горнодобывающую Speaking on the opportunities for venture промышленность, а также отдых и туризм. capitalism in Indian start-ups, Assistant Vice Говоря о возможностях венчурного капитала в President (Life Sciences & ITKnowledge Banking), индийских стартапах, помощник вице-президента Yes Bank, Agnideep Mukherjee walked delegates банка Yes Bank (банковские услуги в life Sciences & IT through the various funding mechanisms. knowledge), Агнидип Мукерджи, ознакомил делегатов “The business environment (in India) is a lot easier с различными механизмами финансирования. 'Бизнес- than other countries,” said Maria. среда в Индии устроена намного проще, чем в других странах', сказала Мария... Extended report on magicwandindia.in Продолжение читайте на magicwandindia.in BRICS Business Forum October 13, 2016, 0830 – 1830 hrs | Hall 11, Pragati Maidan, New Delhi, India On Day 2 of the three-day BRICS Trade Fair in New Delhi, BRICS Business Forum is slated to bring together over 1000 business delegates from all BRICS countries for a full day conference. Speakers from the top echelons of member country governments and the New Development Bank (NDB) will be among the speakers. Here’s what to expect... Time DeTails Time DeTails 9:30 – inaugural session 13:15 – 10:45 hrs Welcome address by mr Harshavardhan neotia, President, FiCCi 14:15 hrs LUNCH BREAK Panel Discussion Participants 14:30 – SPECIAL SESSION WItH VICE PRESIDENt AND COO, • Harshavardhan Neotia, President, FICCI 15:15 hrs NEW DEVELOPMENt BANK • Naushad Forbes, President, CII • Special address by Xian Zhu, Vice President and Chief Operations Officer, • Sunil Kanoria, President, ASSOCHAM New Development Bank • Onkar Kanwar, Chairman, BRICS Business Council, India Chapter 16:00 – minisTerial session • José Rubens de La Rosa, Chairman, BRICS Business Council, Brazil Chapter 17:00 hrs • Welcome address by Ms. Rita teaotia, IAS, Commerce Secretary, Government • Sergey Katyrin, Chairman, BRICS Business Council, Russia Chapter of India • Capt. Xu Lirong, Chairman, BRICS Business Council, China Chapter tRADE MINIStERS FROM tHE BRICS COUNtRIES • Brian Molefe, Chairman, BRICS Business Council, South Africa Chapter • Nirmala Sitharaman, Minister of State for Commerce & Industry, India • Dr. Rob Davies, Minister of trade and Industry, South Africa 11:00 – seCTor session one 12:00 hrs Panel Discussion: Cooperation in Energy Sector • Marcos Pereira, Minister of Industry, Foreign trade and Services, Brazil Topics: diversification of energy supplies, environment friendly technologies of energy • Wang Shouwen, Vice Minister of Ministry of Finance and Commerce, China production, storage and consumption, joint development of cleaner energy technologies, • Alexey Likhachev, First Deputy Minister of Economic Development, Russia promoting use of renewables, setting of a BRICS Energy Data Centre and BRICS Energy Inaugural Address by Mohammad Hamid Ansari, Hon’ble Vice President of Fund for supporting research in strategic scientific projects. India, Government of India Participants Vote of thanks by L C Goyal, Chairman and Managing Director, India trade • Eduardo Eugênio Gouvêa Vieira, President, Federation of Industries of the Promotion Organization State of Rio de Janeiro 17:15 – seCTor session THree • Bin Dong, President of China Energy Engineering Corporation Limited 18:15 hrs • Panel Discussion: Cooperation in Agri-Business Sector international Company Topics: enhancing intra-BRICS agriculture trade and investments, co-development of climate change resistant seed varieties, collaboration in agri-machinery sector and 12:15 – seCTor session TWo 13:15 hrs Panel Discussion: Cooperation in Infrastructure Development experience sharing on mechanization for higher agri-productivity. The contribution of Topics: developing a robust pipeline of bankable projects, new financial instruments that private sector in BRICS Agriculture Research Institute being set up may also be discussed. can be supported by NDB for developing local capital markets in BRICS countries for 18:15 hrs Closing Remarks by Onkar Kanwar, Chairman, BRICS Business Council infra-financing, early stage project preparation support from development banks, etc. Participants • Raghav Chandra, Chairman, NHAI • João Miguel Drummond, Director of Institutional Relations, Queiroz www.magicwandmedia.in Galvão Book • Alexander Misharin, First Vice President of the JSC Russian Railways & CEO of the JSC High-Speed Rail Lines SPaCe Magic Wand Media Inc • Dongwei Shi, Vice President, Alibaba Group Moderator: K Ramchand, Chairman, BRICS Business Council Working Group In DailySHOW BRandIng – PuBlIShIng on Infrastructure and CEO, IL&FS @BRICS Contact: +91 9740048390 E: [email protected]

news 13, October 2016, Day 2 3 @show Exhibitor's Voice www.bricsbusinesscouncil.in IBV International Vaults operates exclusive private vaults, all that providing state-of-the art security with a sophisticated multi- tiered system monitored 24 hours a day, 7 days a week, glItteRS 365 days a year. With a growing network of over 14,000 members of the IBV International Vaults, the company boasts of high standards of safety, privacy and confidentiality. COuntry: SOuth AfrICA | SECtOr: GEMS & JEwELLEry IBV International Vaults operates network of over 14,000 members of the Ashok Sewnarain apprised, “This trip to exclusive private vaults, providing IBV International Vaults, the company India, and our attendance at the BRICS state-of-the-art security with a boasts of high standards of safety, Trade Fair is very much an exploratory sophisticated multi-tiered system privacy and confidentiality. trip for our team. One cannot trade gold monitored 24 hours a day, 7 days a and not understand the Indian market. week, 365 days a year. With a growing Precious trade We will be using this opportunity to IBV specializes in competitive trading meet with both the Public and Private in Gold, precious metal and stones sector exploring various business and the marketing of South African opportunities.” coins. Krugerrands are one of the most our plans for expanding widely held gold bullion coins in the Way ahead into India are, to a great world - with more than 60 million sold. “Exhibitions like BRICS Trade Fair extent, dependent on Silver bullion coins are typically legal give individuals an opportunity to tender coins that have been issued by discuss current business challenges by our findings and the a specific country or government that brainstorming and learning from others. discussions that will has a specific currency value on the face Discussions with individuals from be held during the fair. of the coin. The company also trades various industries helps one to look at in diamonds, specialising in sourcing problems from different perspectives The exhibition is most the specific stone the Investor requires. assisting in coming up with creative and definitely a catalyst for innovative approaches to challenges,” IBV in obtaining a global India Imperative he concludes.' Elucidating on the company’s footprint.' motivation to participate in the BRICS IBV Gold (Pty) Ltd CEO, IBV Gold (Pty) Ltd, CEO, IBV Gold (Pty) Ltd, Ashok Sewnarain Trade Fair, CEO, International Vaults, Hall 18 / Stall G35 Ashok Sewnarain 4,500

news 13, October 2016, Day 2 4 @show Infrastructure www.bricsbusinesscouncil.in The future is here Current road construction designs, from a materials consumption perspective, are simply unsustainable, not to mention very costly. Smart Materials benefits are numerous; • low environmental impact • construction time is reduced by 30 – 50 percent • costs are reduced 15 – 30 percent • reduced maintenance Road SMaRt • improved road longevity Smart material engineering is all set to trigger the next big revolution in road construction. An overview… cement stabilization of road layers. is therefore necessary to test the insitu materials   to ascertain, what strengths Better in many ways can be achieved with SoilTech. Once Conventional road design stabilizing and binding soils for road Improvement in tensile strengths the expected bearing strengths of the has changed very little since the construction.   To understand a material, means that the flexible pavement’s materials has been established, one introduction of the macadamised road scientists and engineers examine its support layers are eliminated or can then proceed with designing the designs in the late 1800s. composition and structure and what it reduced, thereby shortening construc- road in accordance to traffic dynamics. Construction machinery and does under specific conditions. Then, tion time and reducing costs. As can be geotechnical lab testing equipment on the basis of what they have found, appreciated, insitu materials by nature Source: Polyroads such Triaxial shear testing kit, has they can modify that material (design/ will always have different properties.  It Hall 18 / Stall G37 moved along in leaps and bounds. processing) to improve its behavior However, the majority of road designs (performance) for particular industrial are still based on the 1993 AASHTO purposes. Guide for Design of Pavement Structures, utilizing quarry materials. Smartly bound Considering the current international Polyroads have developed several levels of aggregate consumption, it is cross-linking smart material binders, no secret that engineers are looking at for stabilizing insitu materials into alternative options to quarry materials, a solidly bound state, displaying in order to reduce the environmental very high CBR strengths, while also impact. continually improving the tensile properties of the material for up to 12 Smart material engineering months. The Resilient Modulus (MR) The development of smart is a measure of subgrade material materials necessitates the deeper stiffness. A material’s resilient modulus understanding, not only of chemical is actually an estimate of its modulus reactions but also an in depth knowledge of elasticity (E). While the modulus of of the geotechnical properties of elasticity is stress divided by strain for different materials around the world. a slowly applied load, resilient modulus Smart materials contain revolutionary is stress divided by strain for rapidly properties. Material science research applied loads – like those experienced is of necessity multi and cross- by typical roads. disciplinary, drawing from many This critical relationship of structural aspects of physics, chemistry, strength and high yield strain (elastic engineering and geosciences. modulus), sets SoilTech MK III polymer Smart Materials at Polyroads have stabilization technology apart from been developed to interact with conventional geotechnical design a multitude of different materials in methodologies, based on empirical

news 13, October 2016, Day 2 5 @show Delegate's Corner www.bricsbusinesscouncil.in Strengthening Beyond through lIMItatIOnS COOPeRatIOn For M Shoeb Chowdhury, Chairperson of an English daily from Bangladesh, the fair is an opportunity to connect with international audiences, as well as for Zhang Xiaoliang an auto component trader from lagging economies to meet desired commercial goals. China hopes to get ample exposure through attendance at the fair. COuntry: BAnGLAdESh SECtOr: InfOrMAtIOn & COMMunICAtIOn tEChnOLOGy COuntry: ChInA SECtOr: AutO & AutO COMPOnEntS “The BRICS Trade Fair can our country with prospective clients familiarize business enterprises from from various parts of the world, with “We are planning to special emphasis on our access to meet some long-term friends the South Asian market. Emerging and business partners, as well as economies like that of Bangladesh explore the potential customers have to confront various hurdles on and markets and deepen our the way of entering international understanding for Indian people markets with their enterprises. In this and culture. Being one of the five context the fair can broadly assist biggest emerging countries, we those countries who cannot achieve need to strengthen our cooperation desired commercial goals abroad due with each other. The BRICS to various regulations stipulated by trade fair serves as the perfect the World Bank and meeting ground for countries and IMF. In this way countries with companies looking beyond shores. emerging economies can explore Sales, tianjin Qiangbang Industrial Co Ltd, I am optimistic the exhibition will Chairman, the Asian Age business potentialities with like- Zhang Xiaoliang achieve resounding success.” (daily English newspaper), M Shoeb Chowdhury minded foreign partners.” amalgamating SOlutIOnS aCRoSS SECToRS through dialogue For Brazilian Leather representative Rogério Cunha, Russian scientist Dr Yana Anfinogenova expects the fair is a window into the Indian market for the the fair to help identify barriers preventing efficient Brazilian leather industry. integration of business and research within BRICS. COuntry: ruSSIA | SECtOr: hEALthCArE & PhArMACEutICALS COuntry: BrAZIL SECtOr: LEAthEr & fOOtwEAr “First of all, I would Results and Prospects like to express my of Future Develop- “Brazilian Leather is a project (Apex-Brasil), and dedicated to profound gratitude to the ment”. Our team coordinated by the Centre for the promote Brazilian leather in the organizers of the event expects to establish Brazilian Tanning Industry (CICB) in international market. Brazil is one of and to the Embassy of essential academic partnership with the Brazilian Trade the five largest leather producers in India in Moscow! and business contacts and Investment Promotion Agency the world and we want to show Counsellor in Science & promoting coopera- this great potential to India and all Technology of the tion in biomedical visitors of the fair. There is also Embassy, Dr. Abhishek R&D in BRICS participation of Brazilian tanneries Vaish, visited our city countries. Attending at the fair. By not being an event (Tomsk, Russia) recently Leading research Scientist, the show will give Leading Specialist in foreign related to one single industrial and shared his highly Affairs; Cardiology research new insights into the sector, this fair brings together a appreciated suggestions Institute, tomsk nrMC, future opportunities dr yana Anfinogenova diverse range of industries and on the Indian-Russian and joint projects. serves as a very rich place to observe cooperation in science. At the BRICS Dialogue at exhibitions like BRICS the world’s economic outlook, with Trade Fair and Business Forum, I am Trade Fair will help to identify the more countries and segments. This, helping to hold the round table challenges where BRICS partners can notably, brings a differential over the discussion supported by the Russian help each other. Dialogue will build the BRICS Trade Fair, enlarging the Ministry of Economic Development foundation for future mutually trade Intelligence of Centre for the Brazilian tanning Industry (CICB), rogério Cunha experience of visitors and exhibitors.” and Trade. This round table is titled: beneficial integration creating social “BRICS-Biomed Consortium: The First value and new business interests.

news 13, October 2016, Day 2 6 @show Industry Insight www.bricsbusinesscouncil.in geaReD towards SuCCeSS A brief overview of the Indian automotive 3.5 percent to INR 70,900 crore (USD (USD 13.8 billion) in 2015-16 from components industry with statistics, prospects and 10.8 billion) from INR 68,500 crore (USD INR 82,900 crore (USD 13.5 billion) in industry vision. 11.2 billion) in 2014-15, registering a 2014-15; Asia and Europe contributed CAGR of 18 percent in the last six years. to 58.6 percent and 30.9 percent of the Europe accounted for 36 percent of imports respectively. COuntry: IndIA | SECtOr: AutO And AutO COMPOnEntS exports followed by Asia and North America, each at 25 percent. Exports The Road Ahead The global auto component industry requires USD 25-30 billion in to Central America and North America To reach the collective vision for the industry is a strong USD 1.75 trillion investments. increased by 30 percent and 3 percent next decade of automotive industry in industry with USD 500 billion as its With increasing vehicle parc in the respectively, over the previous fiscal. India as delineated in the AMP 2026, contribution in value-addition; last year country, the aftermarket in 2015-16 The key export items included significant investments of around top-100 component manufacturers grew by 12 percent to INR 44,660 crore hydraulic power steering systems & USD 25-30 billion would be required. invested close to USD 50 billion (USD 6.8 billion) from INR 39,875 crore steering gear systems, gear boxes & The industry will also have to deve- in R&D. In the last one-decade, (USD 6.5 billion) in the previous fiscal. parts, parts of diesel engines, parts lop capabilities for in-house design, 50 percent of total innovations in the For the fiscal 2015-16 an estimated for automobiles and earth moving harness frugal engineering and create automotive sector were co-developed capital investment of INR 2,700 – INR equipment, drive - axles & parts, spark product differentiation through inno- by the auto component sector. 4,000 crore (USD 0.44 – 0.66 billion) was ignition, suspension systems, crank vation. A move towards product and According to Automotive Mission Plan witnessed in the auto component sector shaft for engines, toothed wheels, process innovation along with zero 2016-26 (AMP 2026) the Indian auto compared to INR 2,000 – 2,800 crore brakes and servo brakes. defect quality will be an integral part of component industry aims to achieve (USD 0.33 - 0.46 billion) in 2014-15. this change. USD 200 billion in revenue by 2026, Imports Source: Automotive Component with exports in the region of USD Exports Imports of auto components grew Manufacturers Association of India 70-80 billion and to realise this, the Exports of auto components grew by by 9.3 percent to INR 90,600 crore (ACMA) Turnover - Auto Component Industry: 2015-16 Auto Components Supply to OEMs Automotive Mission Plan 2026: Aspirations for the Auto Component Industry CAGR: 6% 2556 (39.0) Domestic Direct Incremental 2348 (38.5) Turnover in INR’ 00 Crore (USD Billion) 1883 (41.3) Growth Rate in Rupee Terms Turnover ~ Export ~ employment ~ 3.2 Aftermarket ~ 2160 (39.7) 2117 (35.1) million 2046 (42.2) USD 32 billion USD 80 billion USD 200 SCV 2 to 7.5 T LCV Less than 2 T billion MCV 7.5 to 16 T HCV More than 16 T Additional USD 25 - 30 billion investment need to realize AMP (Turnover includes supplies to OEMs, aftermarket sales and exports) 7 Goals OEMs consumption includes locally produced Components and Imports 1 2 Exports - Auto Component Industry: 2015-16 Imports - Auto Component Industry: 2015-16 CAGR: 18% 615 (10.2) 685 (11.2) 709 (10.8) CAGR: 13% 906 (13.82) Turnover in INR’ 00 Crore (USD Billion) 303 (6.7) 427 (8.8) 527 (9.7) Growth Rate in Rupee Terms Turnover in INR’ 00 Crore (USD Billion) 497 (10.9) 667 (13.8) 744 (13.7) 771 (12.8) 829 (13.58) Growth Rate in Rupee Terms Exports Destinations: Top 10 Countries in % USA 23.59 Thailand 3.18 Indian Auto Component Industry: 2015-16 Origin of Imports: Top 10 Countries Germany 6.96 UAE 3.15 in % Turkey 6.22 France 2.99 Turnover Rs. 2,55,600 crore/USD 39.0 billion 7.63 23.15 USA China UK 5.43 Brazil 2.62 Contribution to GDP 2.3% Italy 3.86 Mexico 2.59 Foreign Exchange Earnings/ Exports Germany 14.29 Italy 3.43 Rs. 70,996 crore/USD 10.81 billion 3 S Korea 11.2 UK 2.58 Share of India’s Exports 4% 10.65 France Japan Export Destinations: Top 10 countries in % Domestic Aftermarket Rs. 44,600 crore/USD 6.8 billion 1.64 Thailand 8.07 Sweden 1.40 USA - 23.59 Germany - 6.96 Turkey - 6.22 UK - 5.43 Italy - 3.86 Investments USD 0.44-0.66 billion 5 Thailand - 3.18 UAE - 3.15 France - 2.99 Brazil - 2.62 Mexico - 2.59 Direct Employment 1.50 million IMPRINT Published by: Magic Wand Media inc Printed by: ASAP Offset Pvt ltd, A-38, naraina industrial Area, Phase-i, new delhi-110028 disclaimer: every effort is made by MW Media to ensure that the information is correct. 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news 13, October 2016, Day 2 7 @show Company Profile www.bricsbusinesscouncil.in Solid State SwITChIng TEChnologY An informative read on what led to the emergence of solid state technology in MAdhAV r BAdShEShI switching, and how ERI, with dGM BuSInESS dEVELOPMEnt, its comprehensive suite of Photo: Electronic Relays (India) Pvt Ltd ELECtrOnIC RELAYS (INDIA) products, is making sure its PVt Ltd advantages are fully utilized for the benefit of its customers. our long experience, market sustenance, During and after the World Wars, switching was mechanical. It was understanding market then followed by electromagnetic needs, enabled by technology. This technology was matured for more than 30 years and shorter development the users were very much familiar and cycle and flexible comfortable with it. With time, the production and advancement in the electrical engineering and sophisticated inexpensive products machines called for better switches. makes ERI a right Reasons to innovate choice!' The electromagnetic switches were made using rare materials like copper, silver etc. Their erosion paved the way to a new technology using semiconductor devices to make About ERI similar switches. During 80s, a few companies in the US With technology advancing at made a switch called as static switch 1 2 3 a lightning speed, Electronic using semiconductor devices. Japan Relays (India) Pvt Ltd (ERI) is soon took the idea to use these static 1 2 Phase Proportional Controller 3 Din Ready SSR a company that keeps pace switches in the machines they made. with the changing times. It has consistently remained so Better than EMR since 1979, the year it started The solid state switching technology, semiconductor technology, the an interference between the field and manufacturing solid state relays which is matured now, has distinct company can now offer high current the microcontroller, are available for and input/output modules. advantages over its rival EMR switches. The devices like IGBT allow both AC/DC applications. Apart from ERI started off by exporting (Electromagnetic Relays). high current and high voltage switching. the standard products, the company a major part of its production Being solid state, the switching is by The most common applications are for undertakes custom designs related to to the US. Subsequently, it the flow of current without damaging heating, lighting, motor control, and switching applications. expanded activities and began the so called contacts. There is no power factor correction. Solid state relays are for phase catering to the huge demand arcing and no welding as there are no The typical examples are furnace, angle control applications. The world in the domestic market too. mechanical movements of the contacts traffic signal control, coffee m/c, ATMs, is moving towards energy saving The customer list remains highly as in conventional relays. Switching petrol dispensing, satellite tracking, concepts. The typical On/Off relays satisfied and hugely appreciative is much faster (in microseconds). food processing, studio lighting, do not aid energy savings. Here comes of ERI’s adherence to quality Hence, corrections can be very fast building lighting, pump control etc. the concept of phase angle switching and professionalism. ERI exports and accurate and no errors arise since to conserve or save energy. ERI the products to the US, Europe, there is no switch bouncing as in EMRs. Products Manufactured product range contributes to single China and other countries, Moreover, solid state relays are Solid State Relays and three phase applications, typically and has been awarded several compatible with the digital circuits, Solid state Relays are available up to for the heater control applications. times by the state and central thereby interfacing the electrical field 205 Amps for the AC switching and up The standard hockey pucks, 020 series, governments for highest exports. and the intelligence (microprocessor). to 40 Amps/200 VDC for switching DC are for the single phase applications loads. The relays up to 150 amps are and the 012 series for the three For details contact Applications galore approved by ‘UL’ (US Lab for safety phase application. I/P can be 0-10V M/s. Electronic Relays (India) Pvt Ltd There are several applications where standards). All the relays are tested or 4-20mA control. O/P can be a T: -+91-80-22354189 / 22354190 F: +91-80-22357760 in solid state switching is essential and marked as per ‘CE’ requirements. phase control or burst fire control with E: [email protected] [email protected] like accurate and fast control of controlled AC cycles. W: www.electronicrelaysindia.com temperature, fluid flow using Input/output Modules solenoids, motor control etc. I/O modules - AC/D C output modules, Source: Electronic Relays (India) Pvt Ltd With the advancement in the AC/DC input modules - which act as

news 13, October 2016, Day 2 8 @show Start-Ups www.bricsbusinesscouncil.in Betting hIgh In post-liberalization India, entrepreneurship has gained a lot of respect and support from a receptive market. Umang Srivastava, JMD, Bonita India gives a snapshot of the Indian startup ecosystem. Indians have spent years acting as the factors like large domestic market, the back offices for many international increased M&A activity and access to brand and companies. However, more capital through investor funding. and more Indians are today standing TECHNOLOGY @ work on their entrepreneurial feet. Some of Inflow of investors India’s most successful start-ups that Unlike the debt-oriented financing of went on to become huge businesses the past, start-ups today have access have been in the IT domain, be it to venture capitalists (VC), private Flipkart, Just dial, Bookmyshow, equities (PE), angel investors, banks Makemytrip or even Shadi.com. and financial institutions as well as incubators. Segments such as travel, Rise of the startup matrimonial services, jobs, games, The first generation of entrepreneurs mobile payments, etc., are getting who established such brand names as substantial capital infusion. Infosys, Bharti, Kotak, ICICI, opened a Indians today are not only launching whole new scale of job opportunities their own brands but also marketing for India’s educated young. Successive them in the international market governments have lent policy support under own brand names. Owning to entrepreneurs with new policies patents of many products, Indian towards encouraging micro or small entrepreneurship has set sail to 18 Indian Metal-Cutting Machine Tool Exhibition with businesses, such as making loans easier. conquer the international market th International participation The global financial crisis of the last as well. decade gave impetus to new ideas and newer ways of doing things, to do more concurrent show with less. The growth of start-ups in India could be mainly accounted to Source: SME World Start-Up Boom According to NASSCOM, India is the 3 largest base for start-ups in the rd world at present. Here are some interesting numbers... 19 International Exhibition of Cutting Tools, Tooling Systems, th Machine Tool Accessories, Metrology & CAD / CAM 5,000 (or more) startups present in India 1000 (at least) setting up annually 26 Jan - 01 Feb 2017, Bangalore 11,500 - number of start-ups projected to be in India by 2020 250,000 - people could be potentially be employed Venue 20 - M&A’s worth USD 5bn completed in India in last three years 72 - per cent of start-up founders are under 35 years of age Organiser Indian Machine Tool Manufacturers’ Association T: +91-80-66246600. F: +91-80-66246661. E: [email protected] www.imtex.in